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February 09, 2014 |

Q&A With Preet Bharara, Manhattan U.S. Attorney

Manhattan U.S. Attorney Preet Bharara has had his share of big weeks since taking office nearly five years ago. But even for him, the last one was a doozy.
6 minute read
February 05, 2014 |

Banks' Bill in FHFA Cases: $9 Billion and Counting

The latest blockbuster settlement was announced late Tuesday, when Morgan Stanley revealed it would pay $1.25 billion for selling faulty mortgage-backed securities to Fannie Mae and Freddie Mac.
2 minute read
January 16, 2014 |

'Force Majeure' In the Wake Of the Financial Crisis

Following the Great Recession, courts have indicated a willingness to consider recessions as force majeure events if the parties intended such events to be covered by their contracts.
9 minute read
December 18, 2013 |

No Need to Substitute Plaintiff Upon Mortgage Assignment

In his Foreclosure Litigation column, Bruce J. Bergman of Berkman, Henoch, Peterson, Peddy & Fenchel, discusses case law which has thrown a wrinkle into the general rule that there is no mandate to submit an order to change the caption of an action to reflect the name of a new mortgage holder as the plaintiff.
6 minute read

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